Mediagazer: GMG chief executive takes pay cut as it reports £75.6m pre-tax loss (Mark Sweney/Guardian)

9:05 AM ET, August 10, 2012

Top News:

Kara Swisher / AllThingsD:

Exclusive: Yahoo's Mayer Eyeing Twitter's Stanton for Big Media Role — Yahoo CEO Marissa Mayer has been trying to recruit Katie Jacobs Stanton, Twitter's head of international markets, to take a major job on the media side of the Silicon Valley Internet giant, according to multiple sources close to the situation.

Discussion: ZDNet

Josh Halliday / Guardian:

BBC denies Thompson criticised news coverage of Team GB — Director general forced to issue clarification after news chief said he was ‘increasingly unhappy’ at focus on British success — BBC director general Mark Thompson has denied claims he ordered news executives to focus less on Team GB's Olympics success in bulletins.

Discussion: The Independent, Telegraph and Hollywood Reporter

Howard Finberg / Poynter:

Knight report on training shows journalists want technology, multimedia, data skills — A new study by the Knight Foundation released today summarizes the state of journalism training. Some findings from “Digital Training Comes of Age”: … The report was authored by Eric Newton …

Discussion: Media News and Knight Foundation

Mark Sweney / Guardian:

GMG chief executive takes pay cut as it reports £75.6m pre-tax loss — Guardian and Observer parent company's loss last year includes £54.2m write-off of value of GMG Radio after its sale — Andrew Miller, the chief executive of Guardian Media Group, took a 10% pay cut …

Discussion: Media Week, paidContent, Press Gazette, Journalism.co.uk and The Drum

Nick Bilton / NYT Bits:

How to Make a Dead Cat Bounce on Twitter — I've been told that in the olden days, reporters would write articles on these things called “typewriters.” And get this: These machines weren't even connected to the Internet! — The tools have since changed. We have blogs, smartphones, digital cameras and Wi-Fi.

Discussion: Betabeat and NetNewsCheck Latest

Josh Sternberg / Digiday:

Publishers Turn to the Crowd — It's not everyday that a publisher is sold for $175 million. That's why Turner's purchase of Bleacher Report raised some eyebrows. — The lesson of Bleacher Report's success, and that of Huffington Post's as well, is it pays for publishers to take a page …

Journalism.org:

For Communication Grads, a Modest Job Recovery — For the second year in a row, the employment situation for recent journalism and mass communication graduates has improved, according to a new survey from the University of Georgia. But placed in the context of a “terrible” job market in recent years …

Discussion: Poynter and JIMROMENESKO.COM

Aviva Shen / ThinkProgress:

How The Media Made The Priorities USA Attack Ad Matter — Cable news is giving a controversial new ad attacking Romney an unintentional bump in visibility. Priorities USA, the super PAC supporting Barack Obama, released “Understands” on Tuesday in just five battleground states: Florida, Iowa, Pennsylvania, Virginia and Ohio.

Discussion: The Daily Dish, New York Times, The Page and Mediaite

Jim Romenesko:

Buy my newspaper, please! — The owner of the weekly Carrboro (NC) Citizen tells his readers that “my energy and enthusiasm for this newspaper have waned under the constant assault of all the worries associated with running a small business” and he's putting it up for sale.

Discussion: The Carrboro Citizen and The Newspaper Guild

Laura Hazard Owen / paidContent:

Startup Togather thinks crowdsourcing is key to profitable author book tours — It has never been clear whether author book tours are a worthwhile investment. Fewer publishers are shelling out to send their authors across the country these days — what's the point if you're going to sit …

Discussion: The Huffington Post, PSFK, GalleyCat, MediaPost and The Next Web

Caity Weaver / Gawker:

Beloved Children's Troubadour Raffi Is Losing It At Journalists on Twitter — Everyone's childhood is currently going up in flames, as Raffi, the iconic Canadian ancestor of the modern-day Wiggle, is sort of losing it on Twitter. — A couple days ago, the Vancouver Aquarium reported that Kavna …

Discussion: PAPERMAG, New York Magazine and WebProNews

Arthur S. Brisbane / New York Times:

Lolo Jones Article Is Too Harsh — Readers have weighed in to complain about The New York Times's Aug. 5 piece on U.S. Olympics hurdler Lolo Jones. Below is the response I have sent to those who emailed me about this: